Swap Collateral Cash Account definition

Swap Collateral Cash Account means the Euro denominated collateral account established in the name of the Guarantor with the Account Bank, IBAN IT 36 Q 03479 01600 000800951305, or such other substitute account as may be opened in accordance with the Cash Allocation, Management and Payments Agreement.
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Swap Collateral Cash Account means the account IBAN No. GB29 PARB 6095 8870 2266 71 and any collateral account with respect to each Swap Provider, opened, in name and on behalf of the Guarantor, with the Swap Collateral Account Bank on which each Swap Collateral in the form of cash is and/or will be posted in accordance with the relevant Swap Agreement and the English Account Bank Agreement.
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Swap Collateral Cash Account means an account opened in the name of the Current Issuer for the purpose of holding Swap Collateral in cash and maintained in accordance with the terms of the Current Issuer Cash Management Agreement;
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Examples of Swap Collateral Cash Account in a sentence

  • The Current Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each Current Issuer Transaction Account and Swap Collateral Cash Account and that it furnishes a copy of such statements to the Current Issuer, with a copy to the Note Trustee upon its request.

  • The Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each Issuer Transaction Account and the Swap Collateral Cash Account and that it furnishes a copy of such statements to the Master Issuer, with a copy to the Issuer Security Trustee upon its request.

  • You, as Issuer Account Bank, shall not be deemed to be a trustee for the Security Trustee of the Deposit Account, the Swap Collateral Cash Account and any additional Issuer Account held by us with you.

  • The Swap Collateral Cash Account and the Swap Collateral Custody Account Any cash amounts received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be paid into an interest bearing account in the name of the Issuer with the Operating Bank (the "Swap Collateral Cash Account") and securities received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be deposited into a custody account (the "Swap Collateral Custody Account").

  • The Issuer Account Bank confirms that the Deposit Account and the Swap Collateral Cash Account denominated in sterling have been opened in the name of the Issuer on or prior to the Closing Date and will operate in accordance with this Agreement.

  • For the avoidance of doubt, only sterling Cash may be deposited into the Swap Collateral Cash Account and no other currencies or securities will be held in the Swap Collateral Cash Account.

  • Both the Swap Collateral Cash Account and the Swap Collateral Custody Account shall be held with the Operating Bank.

  • Acting in its capacity as the Operating Bank through its branch at AIB International Centre, International Financial Services Centre, Dublin 1, Allied Irish Banks p.l.c. will act as operating bank pursuant to the Cash Management Agreement in relation to the Transaction Account, Swap Collateral Cash Account and Swap Collateral Custody Account (each as defined below).

  • The Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to the Issuer Transaction Account and Swap Collateral Cash Account and that it furnishes a copy of such statements to the Master Issuer, with a copy to the Issuer Security Trustee upon its request.

  • The Issuer Account Bank acknowledges that the Deposit Account Mandate, the Swap Collateral Cash Account Mandate and any other mandates delivered from time to time pursuant to the terms of this Agreement shall, notwithstanding anything to the contrary therein, be subject to the terms of the Deed of Charge and this Agreement and in the event of any conflict between the Deposit Account Mandate or the Swap Collateral Cash Account Mandate and this Agreement, the terms of this Agreement shall prevail.


More Definitions of Swap Collateral Cash Account

Swap Collateral Cash Account means an account opened in the name of the Current Issuer for the purpose of holding Swap Collateral in Cash and maintained in accordance with the terms of the Current Issuer Cash Management Agreement;
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Swap Collateral Cash Account means any collateral account with respect to each Swap Provider, which may be opened, in name and on behalf of the Guarantor, with the Swap Collateral Account Bank on which each Swap Collateral in the form of cash may be posted in accordance with the relevant Swap Agreement and the Cash, Allocation, Management and Payments Agreement.
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Swap Collateral Cash Account means any Swap Collateral Account for the purpose of holding Swap Collateral in the form of cash;
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Swap Collateral Cash Account means the Euro denominated collateral account that may be opened in the name of the Guarantor with the Account Bank or such other substitute account as may be opened in accordance with the Cash, Management and Agency Agreement.
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Related to Swap Collateral Cash Account

  • Swap Collateral means, at any time, any asset (including, without limitation, cash and/or securities) which is paid or transferred by a Swap Provider to the Guarantor (and not transferred back to the Swap Provider) as credit support to support the performance by such Swap Provider of its obligations under the relevant Swap Agreement together with any income or distributions received in respect of such asset and any equivalent of such asset into which such asset is transformed; for greater certainty, Contingent Collateral shall at all times be excluded from Swap Collateral;

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.